Karnataka: MSMEs grapple with surge in raw material cost, manpower crunch

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The Covid-induced lockdown imposed for prolonged periods has dealt a massive blow to the fortunes of thousands of Micro, Small and Medium enterprises (MSMEs), with many of them staring into endless pits of despair.

Despite the restrictions being eased gradually and the government permitting the units to resume operations, these enterprises continue to face a host of other problems, ranging from lack of skilled manpower to the inflated price of raw materials. In Dharwad, Dakshina Kannada andMysurudistricts, more than 40,000 MSMEs have been identified whose productivity

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has suffered.

Although some MSMEs involved in the food and condiments sector registered a spurt in demand for their products, they were unable to exploit the opportunity to their benefit owing to the labour crunch.